University of California, Riverside Foundation (UCR Foundation) manages an endowment fund based in Riverside, California. Established in 1977, the earnings from the endowment investments support scholarships, chairs, professorships, fellowships, basic research, as well as academic and public service progra The assets are managed by the board of trustees.The University of California, Riverside Foundation's investment portfolio is valued at $180.75 million, with investments in domestic and international equity funds, hedge funds, fixed income, private equity, and cash.